The High Commission receives in audience Representatives of Eco Green Investment (EGI) Company

Image
On 9th May 2024, the High Commission had fruitful discussions with Directors of  Eco Green Investment (EGI) Company regarding available investment  opportunities in Tanzania.  EGI is eying to invest in Tanzania in Agro-Processing , Blue Economy,  Tourism, Science and Technology in the near future.
Post a Comment

Tanzania Continues to Claim Top position as One of The Best Investment Destination.

 


The Tanzania Investment Centre (TIC) records show that Tanzania has garnered a whopping $1.2 billion in FDI in the first quarter of 2023. It further shows increased investment by 52.4% from January to March of 2023 compared to the same period in 2022, owing to an improvement in the economic climate and as a result of current mega-infrastructure projects undertaken by the Government. The investment is directed at 93 projects that is expected to create no less than16,400 jobs.

The strong success is credited to the Government's continued efforts to create a favorable business climate and Tanzania's return to international arbitration as a result of modifications to the Tanzania Arbitration Act (R.E. 2020).

Comments

Post a Comment

Popular posts from this blog

Tanzania-Nigeria Tourism, Investment and Trade (TN-TIT) Forum

Image
The High Commissioner, H. E. Dr Benson A. Bana and Counsellor, Mr Elias Mwandobo His Excellency and Barr Dotun Israel, CEO Diplomatic Vista Participants viewing  the Tanzania products on display at the event The President of NACCIMA, Hajia Saratu Iya Aliyu and CEO/ES of Nigerian Investment Promotion Council (NIPC) Representatives of Kano Chamber of Commerce, Industry Mines & Agriculture Representatives of Tanzania Diaspora in Nigeria and Chief Tony Ejinkeonye H. E. Dr Benson Alfred Bana, High Commissioner Dr Aliyu Idi Hong, Director Government Relations, BUA Group. Members of Tanzania Diaspora in Nigeria Hajia Saratu Iya Aliyu, President NACCIMA Mrs Yewande Sadiku, CEO/ES of NIPC A cross section of the Key Speakers and some Investors Tanzania Products on display IT Support desk for the forum Mrs Susan Akporiaye, President of the National Association of Nigeria Travel Agencies Ms Uchechi Rochas Okorocha, DG of Rochas Foundation College Ms Cecile Doumbe, CEO, CMD Travel and Tours Lim
Read more

H. E Dr Benson Bana Meets with Chief Nabil Ahmed Saleh, President of Port Harcourt Chamber of Commerce (PHCCIMA) and Leader of the Private Sector in Rivers State, Nigeria

Image
  H. E. Dr. Benson A. Bana and Chief Nabil Ahmed Saleh, President of PHCCIMA The High Commissioner meets with the leadership of the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) in Port Harcourt Rivers State on Friday, 2nd July, 2021. PHCCIMA is the leader of the private sector in River State. Rivers State is regarded as a gateway to the oil rich region of the Niger Delta in Nigeria. This meeting is intended to deliver a platform for linking the business community of the Niger Delta in Nigeria and their counterparts in Tanzania via the chambers of commerce. This interaction will hopefully birth a partnership between the PHCCIMA and Tanzania counterparts like the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) , Zanzibar National Chamber of Commerce (ZNCC) and the Tanzania Private Sector Foundation (TPSF). The High Commissioner with the Executives of PHCCIMA, including  The President, was accompanied by the1st Deputy President, Chief Mike El
Read more

Zanzibar Domino Tower - Building the Blue Economy

Image
On 25th August 2021, AICL Group and Edinburgh Crowland Management Ltd, signed a contract worth $1.3 Billion with xCassia for architectural designs of 70 Storey building, Zanzibar Domino Commercial Tower, which will be constructed in Zanzibar, Tanzania. Zanzibar Domino Commercial Tower is going to be the 2nd tallest skyscraper in Africa following Iconic Tower in Egypt. The Project is expected to take four years, and it is going to cover a total area of 65,000 Square Metres with 2 underground floors and 78 floors above the ground. During signing ceremony, Mr. Mudrik Ramadhan Soraga, the Minister of State President’s Office (Economy and Investment) of Zanzibar, stated that, the implementation of the project supports the Government’s efforts in inviting more Local and Foreign investors to invest in the Isles. Furthermore, “The Zanzibar Domino is a unique project which is exceptionally well-suited to Zanzibar's investment philosophy of providing its investors with superior returns throu
Read more